Code of Alabama

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39-2-12
Section 39-2-12 Partial and final payments of contractors by awarding authorities. (a) As used
in this section the following words shall have the meanings ascribed to them as follows: (1)
CONTRACTOR. Any natural person, partnership, company, firm, corporation, association, limited
liability company, cooperative, or other legal entity licensed by the Alabama State Licensing
Board for General Contractors. (2) NONRESIDENT CONTRACTOR. A contractor which is neither a.
organized and existing under the laws of the State of Alabama, nor b. maintains its principal
place of business in the State of Alabama. A nonresident contractor which has maintained a
permanent branch office within the State of Alabama for at least five continuous years shall
not thereafter be deemed to be a nonresident contractor so long as the contractor continues
to maintain a branch office within Alabama. (3) RETAINAGE. That money belonging to the contractor
which has been retained by the awarding authority conditioned on...
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41-10-546
office of the authority, and provided further that the officers, directors, agents, and employees
of the authority may not be sued for actions in behalf of the authority in any nisi prius
court other than the courts of the county in which is located the principal office of the
authority. (3) To have and to use a corporate seal and to alter the seal at pleasure. (4)
To establish a fiscal year. (5) To acquire, purchase, lease, receive, hold, transmit, and
convey the title to real and personal property to or from any person. (6) To issue
and incur authority obligations, whether or not the interest thereon (or, in the case of authority
guaranties, on the authority-guaranteed obligations to which such authority guaranties relate)
is excluded from gross income for federal income tax purposes, for the purpose of financing
project costs and providing for the payment of training facility management fees and to provide
for the rights of the purchasers, holders, or owners of authority...
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9-16-127
Section 9-16-127 Acquisition and disposition of lands. (a) The director, with the approval
of the Secretary of Interior, may acquire title in the name of the state to any land or interest
therein by purchase, donation, or condemnation if such land or interest is adversely affected
by past coal mining practices and upon a determination that acquisition of such land is necessary
to successful reclamation and that: (1) The acquired land after restoration, reclamation,
abatement, control or prevention of the adverse effects of past coal mining practices will
serve recreation and historical purposes, conservation and reclamation purposes or provide
open space benefits; and (2) Permanent facilities such as a treatment plant or a relocated
stream channel will be constructed on the land for restoration, reclamation, abatement, control
or prevention of the adverse effects of past coal mining practices; or (3) Acquisition of
coal refuse disposal sites and all coal refuse thereon will serve the...
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11-50A-1
this chapter and any successor or successors thereto. (2) BOARD. The board of directors of
the authority. (3) BONDS. Any bonds issued by the authority under the provisions of this chapter,
including refunding bonds. (4) BOND ANTICIPATION NOTES. Short term obligations issued by the
authority in anticipation of the issuance of bonds. (5) COSTS. All costs of acquisition, construction,
reconstruction, improvement, equipment, alteration, repair, or extension of any project; all
costs of real and personal property required for the purposes of any project, including
any rights or undivided interest therein; all costs of easements, franchises, water rights,
fees, permits, approvals, licenses, and certificates, and all costs of securing any permits,
approvals, licenses, and certificates, and preparing applications therefor; all costs of machinery
and equipment, including equipment for use in connection with construction; all costs of the
initial fuel supply or additional fuel inventories...
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11-92A-12
of revenues or grants of money from public persons and to enter into binding agreements with
those entities, with or without consideration; (13) To enter into deeds, mortgages, leases,
loan agreements, or other agreements with any person; (14) To require and/or accept lease
payments, loan repayments, or other compensation to or for the authority or other public persons
in lieu of sales, use, mortgage, lease, ad valorem, and/or other taxes; (15) To accept donations
of money or real or personal or mixed property from any person; (16) To invest in bank
deposits, U.S. Treasury bills, projects, instruments, real, personal, or mixed property,
and such other investments as the board of directors may from time to time determine to be
appropriate and convenient to accomplish any purpose for which an authority is organized,
including works of internal improvement, interests in private or corporate enterprises, loans
of money or credit to individuals, associations, or corporations, or the...
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11-92A-15
Section 11-92A-15 Security for bonds. (a) In the discretion of the board of directors of an
authority, any bonds may be secured by an indenture between an authority and a trustee, which
may be any trust company or bank having trust powers, whether such trust company or bank is
located within or without the state. In any such indenture or resolution providing for the
issuance of bonds an authority may pledge, for payment of the principal of and the interest
on such bonds, any of its revenues to which its right then exists or may thereafter come into
existence, including, but not limited to, revenues or other money or property pledged to it
by any public or private person, and may assign, as security for such payment, any of its
leases, loan agreements, franchises, permits, and contracts. In any such indenture, an authority
may mortgage any of its properties, including any that may be thereafter acquired by it, and
may provide that in the event of a default in payment of the bonds...
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16-17-7
of Section 16-17-19) specified in its certificate of incorporation; (2) To sue and be sued
in its own name in civil actions and to defend actions against it; (3) To adopt and make use
of a corporate seal and to alter the same at pleasure; (4) To adopt and alter bylaws for the
regulation and conduct of its affairs and business; (5) To acquire, hold, receive and take
by purchase, gift, lease, devise or otherwise, and to sell, transfer and convey, property
of every description, real, personal or mixed, wherever the same might be located;
(6) To make, enter into and execute such contracts, agreements, leases and other instruments
and to take such other actions as may be necessary or convenient to accomplish any purpose
for which the authority was organized or to exercise any power expressly granted hereunder;
(7) To plan, establish, develop, acquire, purchase, lease, construct, reconstruct, improve,
maintain and operate ancillary improvements in connection with educational...
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22-21-318
properties and assets to such persons, firms, partnerships, associations or corporations and
on such terms as the board deems to be appropriate, to charge and collect rent or other fees
or charges therefor and to terminate any such lease or other agreement upon the failure of
the lessee or other party thereto to comply with any of its obligations thereunder; (7) To
receive, acquire, take and hold (whether by purchase, gift, transfer, foreclosure, lease,
devise, option or otherwise) real and personal property of every description, or any
interest therein, and to manage, improve and dispose of the same by any form of legal conveyance
or transfer; provided however, that the authority shall not, without the prior approval of
the governing body of each authorizing subdivision, have the power to dispose of (i) substantially
all its assets, or (ii) any health care facilities the disposition of which would materially
and significantly reduce or impair the level of hospital or health care...
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22-21-53
To arrange, with any appropriate local or state agencies, for the opening or closing of streets,
roadways, alleys or other transportation facilities; (7) To lease or rent any land, building,
structure or facility needed in the operation of the hospital; (8) To enter upon buildings
or property in order to conduct investigations or to make surveys or soundings; (9) To purchase,
obtain options upon or acquire by eminent domain, gift, grant, bequest, devise or otherwise
any property, real or personal, or interest therein, from any person, firm, corporation,
city, county or government; (10) To sell, exchange, transfer, assign or pledge any property,
real or personal, or any interest therein, to any person, firm, corporation, city,
county or government; (11) To own, hold, clear and improve property; (12) To insure or provide
for insurance of the property or operation of the association against such risks as the association
may deem advisable; (13) To borrow money upon its bonds, notes,...
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23-2-144
Except for the state and any political subdivision thereof, the other entities listed above
may issue bonds for the purpose of financing the costs of any funds or property provided to
the authority of a project. (7) To fix and revise, from time to time, charge, and collect
tolls for transit over or through toll road, bridge, and tunnel projects constructed by it
or on its behalf. (8) To establish rules and regulations for the use of any project. (9) To
acquire, hold, and dispose of real and personal property. (10) To acquire in the name
of the authority, by purchase or otherwise, on the terms and conditions and in a manner as
it may deem proper, or by condemnation in accordance with the provisions of Title 18, and
other provisions of law, insofar as the same may be applicable, any land and other property
or any easement or interest therein, which it may determine is reasonably necessary for any
toll road, bridge, or tunnel project or for its protection and preservation, or for the...

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